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Search Results 0 to 7 of about 8
CBS
Nov 27, 2012 7:00am PST
and medicaid. >> elections come and go. and when they go the spirit to find common ground becomes greater. >> reporter: georgia republican saxby chambliss and mark warner lead the gang of eight. four senate democrats and four senate republicans, who originally met in 2007 to craft a plan to cut the debt. >> you still don't have a final product after 2 1/2 years. why do shud we have any confidence that the president and the leaders should get anything done in the next two weeks? >> anything we look at we won't completely reform the tax code or completely make all the changes in the entitlement programs in the next seven weeks. over this last 2 1/2 years, we all know where the issues are. can we make enough of a down payment to assure the markets and put a real process in place that will allow us to work through this? >> reporter: chambliss says he and other republicans still oppose hiking tax rates on the wealthy, a move they contend kills jobs. instead, republicans propose limiting tax deductions for high earners. eliminating the mortgage deduction for second ho
CNN
Nov 24, 2012 7:00am PST
on israeli security? >> i think it absolutely should. what we saw even before the election here in the united states is that netanyahu has said time and again even in the face of critics that there has been no stronger ally to israel than the united states. the criticism kept comincoming, though. after this incident, i really do think the critics will be quieted. there's a lot of talk about how successful the iron dome program wus was. it deflected over 80% of the rockets that were fired into israel. president obama has committed more funding to iron dome. and i think that it really does cement the fact that this president and this administration has been a tremendous friend and ally to israel and that is not going to change. >> looking to the future, amy, with egypt's mohamed morsi stepping in to broker the peace, does it show that the region no longer needs the u.s. to take the lead role? certainly secretary of state hillary clinton was there, but maybe not a lead role anymore in this type of negotiation. >> no, and in fact, the united states was very crucial to president morsi negotiating
FOX Business
Nov 26, 2012 1:00pm EST
governments of unfunded liabilities just to the public employees. melissa: we just had an election. people do not believe that. lou: i do not understand. the election was not about unfunded liabilities. melissa: fundamentally about the size of government and people voted bigger. lou: i must have missed that. the republican party has grown government and assume advisers to government -- governor romney were the same as president bush. melissa: is seen as the boat to four obama was bigger government. lou: and the vote for mitt romney? i am saying the intellectual integrity of the moment acknowledging it is the size of government if we can't sustain them and the social safety net programs in perpetuity when we're trillions of dollars in debt and for doing so. melissa: how do drive that message home? nobody is getting it. >> a lot of people are. but they're not being honest. there in the democratic party and if they continue to refuse what is reality, and then a cliff is a small thing and embedded for decades. it is not a pleasant experience. melissa: i am not excited. [laughter] i hear you. meli
FOX Business
Nov 28, 2012 1:00pm EST
. their first sit down since the election november 6. tonight's record-breaking powerball jackpot is now up to $550 million. people lining up across the country for their chance to hit it big. if you think you're going to become an instant millionaire, here's a sobering stat. the odds are one in 175 million. those are your headlines. back to you. lori: thank you. melissa: are you sharing your lottery winnings with me? lori: yesterray i was on the fence, but i've decided i should be generous. melissa: in the summer knight capital was fighting for it survival after aaron's trading wiped out money from the balance sheet. but they find themselves in the middle of a bidding war as high frequency trading outfit tries to outbid their arrival. who has the advantage? which has the advantage. >> we report, you decide. i will lay ouu a couple of things. convincing the board to accept an all cash. from $3 plus. we don't know what the plus is, that could be a big thing. they're looking to do this by telling the board members, who actually like the ceo, tom joyce. he corralled the new investors when they
CNN
Nov 26, 2012 4:00am PST
gained more than 1%. the dow closing above 13,000 for the first time since the election. this week, the focus turns back to the u.s. economy now the fiscal cliff talks are looking more promising and the election is behind us. new reports this week on the housing market, manufacturing sector and consumer data. also the second estimate for third quarter gdp comes out on thursday. the broadest gauge of the health of the economy and economists think that number is going to show better growth than we saw, 2.8% down from 2.2% that they had thought earlier. the fiscal cliff being, you know, something that really helped the stock market last week. >> i would imagine. >> don't screw up. >> please, congress, don't mess this up. let's take a live look this morning at the capitol dome where congress is back to work this week. s fiscal cliff staring them in the face. 35 days, we go right over that cliff or right down that slide or whatever the metaphor is we're using today. politicians on both sides of the aisle are now signaling that they're willing to compromise. that includes republicans who
NBC
Nov 24, 2012 5:00am PST
ever. after many hear their elected leader has driven the wedge deeper and wider. at dawn, there were more tents and protesters around tahrir square, but that didn't stop clashes with police, where protesters blocked traffic defying president mohamed morsi's orders. after morsi declared sweeping powers for himself, leaving him above the law. >> translator: we are here because the goals of the revolution have yet to be achieved. >> reporter: morsi told his supporters he had to take radical measures to protect the revolution. and fast track a new constitution being written by a mostly islamist assembly, after which he said he'd give up those powers. yes, he might be a dictator for the time being, but these powers will be transferred to an elected parliament, he said. but the decrees have triggered protests and riots across the nation. dozens were injured in alexandria when angry youth stormed and set fire to morsi's muslim brotherhood headquarters. this action makes him a dictator even more than hosni mubarak, he said. critics call it a power grab, after brokering a cease fire deal in g
CNN
Nov 21, 2012 2:00am PST
. this is meeting number two now with benjamin netanyahu. and then in a few hours she'll meet with the newly-elected president mohamed morsi. this just underscores the urgency of peace talks here in the region. the israeli air attacks killing 27 more palestinians bringing the death toll to 137. a spokesperson for hamas sounding hopeful. an end to the violence is near telling cnn, quote, we are close, we are on the edge, end quote. i want to bring in dan, a former israeli officer and now a scholar at the center for middle eastern policy. good morning to you. >> good morning. >> let me just begin on what your reaction is on what appears to be a level of new violence in tel aviv. could this be a game-changer? >> well, this is a very serious development, i think. and whether it is a game-changer or not, we'll have to see. i think that up to now while a cease-fire, the parties feel that a cease-fire is within reach, they were scrambling to achieve last-minute gains, strategic and public imagewise before a cease-fire comes into effect. i think that this bus explosion is sort of a decisive image that hamas
NBC
Nov 26, 2012 7:00am PST
tax rates. if they raise taxes they will lose the primary and there's no general election, they don't have to where he about voters. >> are democrats signaling where they may be willing to compromise? >> reporter: president has been willing to talk about social security and medicare and put entitlements on the table. the problem the president has is many parts of his base, including some of those house democrats that he might need in some sort of forged compromise, they are not crazy about doing that. we won. the mandate is to raise taxes. there was no mandate from the voters to tinker with social security and tinker with medicare, but at some point the president's going to put that on the table, and the question will his base let him do it? >> let me switch gears a bit. i want to ask you about senator john mccain. he, of course, has been very critical about the potential nomination of u.n. ambassador susan rice to be secretary of state, something that hasn't happened yet. he appeared to strike a more conciliatory tone over the weekend. i'm going to play two statements for you, john
Search Results 0 to 7 of about 8